OUR BUSINESS
Deem Roll Tech supplies our Rolls directly to rolling mill manufacturers (“OEMs”) and in the replacement market to the iron and steel rolling mills through a network of dealers/distributors and agents. Our revenue from export sales amounted to 17.19%, 20.00%, 16.91%, and 16.56% of our revenue from operations for the six months ended September 30, 2023, and for Fiscal 2023, Fiscal 2022, and Fiscal 2021, respectively.
Deem Roll Tech manufactures our products from steel scrap, roll scrap, pig iron, nickel, ferro molybdenum, other ferroalloys, resin-coated sand, etc conforming to international standards As of the date of this Prospectus, we have a highly sophisticated and technically competent manufacturing unit located at Plot No. 1006/1007, Chhatral GIDC, Chhatral, Tal. Kalol, Gandhinagar, Gujarat (“Manufacturing Unit 1”), at Plot No. 110/1,110/2, New Survey No. 202, Village Ganeshpura, Mehsana, Gujarat, India (“Manufacturing Unit 2”) and Chinsurah Dhaniyakali Road, Betamore, PS Dadpur, Hoogly, West Bengal (“Manufacturing Unit 3”), with an aggregate installed capacity of 8500 MTPA.
Our corporate office is located at C-3/301, Anushruti Apartment, Opp New York Tower, S.G. Highway, Ahmedabad, Gujarat 380 054. Our Manufacturing Unit 2 is ISO 9001:2015 certified by ISOQAR, Alcumus. Our Manufacturing Units consist of engineering & design, mold making, melting, casting, machining, and dispatch sections backed by related quality testing and assurance equipment. We are capable of casting a single Roll of up to 15 MT.
The key factor in our manufacturing business is the user acceptance of our manufacturing process and manufacturing facilities, given the critical end-use of the product. We share a good client relationship with our customers and we receive the majority of our business from repeat clients. Our Manufacturing Unit 2 has been inspected and accepted by third-party inspection agencies.
DEEM ROLL TECH IPO DATE & PRICE BAND DETAILS
IPO Open Date February 20, 2024 IPO Close Date February 22, 2024 IPO Size Approx ₹29.26 Crores IPO Face Value ₹10 Per Equity Share IPO Price Band ₹129 Per Every Share IPO Listing On NSE and BSE IPO Retail Quota 50% IPO NII Quota 50%
DEEM ROLL TECH IPO MARKET LOT DETAILS
Application Lot Size Shares Amount Retail Minimum 1 1000 ₹129,000 Retail Maximum 1 1000 ₹129,000 S-HNI Minimum 2 2000 ₹258,000
OBJECTS OF THE ISSUE
- Funding capital expenditure towards the expansion of our existing manufacturing facility at Plot No. 110/1,110/2, New Survey No. 202, Village Ganeshpura, Mehsana, Gujarat, India (“Manufacturing Unit 2”),
- Funding our Working Capital Requirements.
- General Corporate Purpose.
DEEM ROLL TECH IPO ALLOTMENT & LISTING DATE (DETAILS)
IPO Open Date Feb 20, 2024 IPO Close Date Feb 22, 2024 Basis of Allotment Feb 23, 2024 Refunds Feb 26, 2024 Credit to Demat Account Feb 26, 2024 IPO Listing Date Feb 27, 2024
DEEM ROLL TECH FINANCIAL REPORTS
₹ in Crores Year Revenue Expense PAT 2023 ₹104.49 ₹94.87 ₹6.92 2022 ₹92.12 ₹86.12 ₹4.10 2021 ₹64.62 ₹57.91 ₹2.98
OUR PROMOTERS
- Jyoti Prasad Bhattacharya
- Dev Jyotiprasad Bhattacharya
QUALITATIVE FACTOR
- Strong Marketing and Distribution network.
- Robust and Scalable Business Model.
- Diversified customer base and long-standing relationship with our customers.
- Diversified Product Portfolio.
- Experienced Promoter Directors with extensive domain knowledge.
BASIC & DILUTED EARNINGS PER EQUITY SHARE (“EPS”)
Financial Year Ended Basic EPS (in ₹) Diluted EPS (in ₹) Weight March 31, 2023 11.86 11.86 3 March 31, 2022 7.02 7.02 2 March 31, 2021 5.11 5.11 1 Weighted Average 9.12 9.12
DEEM ROLL TECH COMPANY CONTACT DETAILS
Survey No.110/1, P-1,110/2
Ganeshpura, Ta: Kadi Mahesana
Gujarat – 382 729, India
Tel No: +91 9925196196
Email: accounts@deemrolls.com
Website: www.deemrolls.com
DEEM ROLL TECH IPO REGISTAR
Bigshare Services Private Limited
Office No S6-2, 6th Floor, Pinnacle Business Park
Next to Ahura Centre, Mahakali Caves Road, Andheri
(East), Mumbai –400093.
Tel.:+91 22 6263 8200
Contact Person: Jibu John
Email: ipo@bigshareonline.com
Website:www.bigshareonline.com
